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Nike set to raise prices between $2 and $10 on every item because of Trump’s tariffs
Nike is set to increase the prices of its popular athletic shoes and apparel from $2 to $10 per piece in response to President Donald Trump’s incoming tariffs, according to a report. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
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Nike footwear prices set to rise; analysts cite impact of import taxesAmid inflation and import taxes, Nike will raise prices on footwear, while other select items will be exempt from the ...
Adidas and Puma are likely to hike prices for running shoes and sportswear in the United States, following Nike's lead, ...
Nike face macro headwinds, but adidas leads in returns with lower tariff risk, while Nike offers better value. Learn why ...
Shoes coming from Vietnam already had a 20% duty. So President Donald Trump’s threat of a 46% increase would see consumers ...
What do we need to know about tariffs? What are they and how will they impact businesses and the economy? And why do they ...
Nike already moved much of its factory production out of China to mitigate the risk of a trade war, so in some way it's better prepared for it than investors might think. Since the company sells its ...
Sportswear retailer JD Sports has today posted a 2% fall in first-quarter sales and warned that higher prices in its key US ...
The footwear giant pulled its full-year forecast earlier this year, citing “macroeconomic uncertainty stemming from global ...
To sweeten the deal, EU officials are also willing to extend a 2020 tariff-free arrangement on US lobster imports, as ...
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